Research Discussion Paper – RDP 2012-09 A History of Australian Corporate Bonds
December 2012 – ISSN 1320-7229 (Print), ISSN 1448-5109 (Online)
- Abstract
- Download the Paper 607KB
Contents
- Introduction
- Description of Long-run Bond Data and Structure of the Market
- Up to 1950: Largely Publicly Owned Issuers
- 1950 to 1980: Regulation and Transition Towards Private Issuers
- 1980s to Today: Deregulation and Capital Account Liberalisation
- Corporate Bond Pricing
- Conclusion
- Appendix A: Data Descriptions and Sources
- References
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We would like to thank Chris Aylmer, Ric Battellino, John Broadbent, Guy Debelle, Alex Heath, Jonathan Kearns and Christopher Kent for discussions and comments. We are also grateful to Nicole Berroya and Mina Roberts for research assistance. Responsibility for any remaining errors rests with us.